4227-4242 Mooney Blvd, Visalia, CA, 93277 - Available for Sale

Retail For Sale

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Packwood Creek West Shopping Center - Pad P

4227-4242 Mooney Blvd, Visalia, CA 93277

$7,175,000

14,583 SF | Retail

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Retail Property For Sale

Price:
$7,175,000
Gross Leasable Area:
14,583 SF
Price/SF:
$492.01
Property Type:
Retail
Property Sub-type:
Strip Center
Property Use Type:
Net Lease Investment with
9 years left on lease
Commission Split:
2%
Cap Rate:
5.75%
Tenancy:
Multiple
Year Built:
2004
Lot Size:
77,713 SF
Listing ID
17878132
Last Updated
16 days ago

Find Out More...

Highlights

  • Strong tenant mix: FedEx Office, Sprint, GameStop, Supercuts, Freeway Insurance
  • Class A construction
  • Strong historical occupancy and recent renewals by FedEx Office, Sprint and SuperCuts
  • Outparcel to Target anchored shopping center
  • Signalized corner location with excellent visibility and access

Description

The subject property is a Class A multi-tenant retail strip center located on an outparcel to the Packwood Creek West Shopping Center in Visalia, California. Packwood Creek is anchored by Target and Sports Chalet and boasts other retailers and restaurants such as Chili's, Buffalo Wild Wings, Panera Bread, Chipotle, Starbucks, Famous Footwear, Verizon Wireless, Lane Bryant, Tilly's, Vitamin Shoppe amongst many others. Tenants in the Subject Property include FedEx Office, Sprint, Supercuts, GameStop and others. Recent lease renewals by FedEx Office, Sprint and Supercuts speak to the strength of the location.

Ideally located on the signalized corner outparcel at Mooney Blvd and Visalia Parkway. The property has excellent visibility and ease of access with a curb cut on Visalia Parkway adjacent to the property as well as offering access from the main entrance to the shopping center on Mooney Blvd.

Financial Summary

Major Tenant Information

Debt & Equity Information

  • Proforma
  • 2015
  • $412,665
  • $511,079
  • $98,414
  • $412,665

Map of 4227-4242 Mooney Blvd, Visalia, CA 93277 (Tulare County)

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Packwood Creek West Shopping Center - Pad P
  • Retail
  • $7,175,000
  • 14,583 SF